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    Thread: How to overcome the frustration of trading? (Part 2)

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      Default How to overcome the frustration of trading? (Part 2)

      Quote Originally Posted by marege View Post
      it's true, I think, we can also prevent frustration by preventing the cause, in this case, frustration occurs because of an error a resulted in a loss, so we should try to avoid losses in our transactions.
      but as a good trader and want to succeed in this business, we should not frustrating for the losses that we have experienced, let alone the loss of part of the business and not our luck, we'd better make amends and improve the trading system, so that future trade will be better and more profitable.


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      Quote Originally Posted by nasgor ** View Post
      but as a good trader and want to succeed in this business, we should not frustrating for the losses that we have experienced, let alone the loss of part of the business and not our luck, we'd better make amends and improve the trading system, so that future trade will be better and more profitable.
      sometimes as a normal human companion that can happen even if your desire for the high success of this business is critical now you may need to avoid trade only with great risk in trades so as to be able to avoid the major risks in your trading then this will be one piece that you will be able to make the stress


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      it is really hard to overcome the frustration of trading.but it is not impossible.i think if every one follow money management well then they can easily overcome the frustration.because frustration only come if you lost a big amount so if you follow money management and follow your best strategy then you never be so much upset and able to overcome your frustration.


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      Quote Originally Posted by nasgor ** View Post
      but as a good trader and want to succeed in this business, we should not frustrating for the losses that we have experienced, let alone the loss of part of the business and not our luck, we'd better make amends and improve the trading system, so that future trade will be better and more profitable.
      Forex trader should be able to avoid frustration during trading activity to keep objective and accurate analysis. Few loss can make forex trader feel frustration but we must be able to overcome frustration during trading activity. Forex trader can improve trading strategy to have more accuracy in analysis and will overcome frustration from previous loss.
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      it will gone by time we spend in forex and become professional, with knowledge we can make us experienced to reduce our losses and increase profits, we should try to learn it and our concentration must be on avoiding emotion's involvement, we should learn it that how can we control ourselves and make us professional who never get frustrated and can reverse his/her losses into profits


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      Quote Originally Posted by didikjss View Post
      No doubt the forex business is generating huge profits but fraught with risks. Many traders are frustrated because of a loss and not a few who went insane due to bankruptcy in forex. My advice is do not have targets excessive and do trading with ease because this business is a long term business. If you suffered a loss it is better not make a deal for a few days.
      Well there is one thing you could try: decreasing the lotsizes you use for your trades. With less risks you won't feel as much frustrated, and therefore, your trading can be improved.
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      As well as frustration is not good in Forex market. For frustration in Forex market some time trader fall greedy and it is bad in Forex market. I think for a good knowledge and for a good experience we can avoid frustration in Forex market.


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      i think when traders starts trading of forex they need more practice on demo because in demo they can make mistakes and from that they will be careful, besides traders should learn more and more, as a result they overcome their frustration by more experience and learning.


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      if you want to over come the frustration of trading in forex business then i advice you that if you have losses in this market you quit trading for some time or after that start again some day with fresh mind and change your strategy and practice your new strategy on demo account before applying it on real one.


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      All traders must faced this condition, whatever they newbie or pro traders, personally, to overcome the frustration i always make a plan for daily targets, both loss or profits.


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